Kevin O’Leary Promoted to SVP and New York Metro Team Leader

Kevin O’Leary was promoted to senior vice president and New York Metro team leader from vice president at the New York Business Development Corporation (NYBDC).  In this position, he is responsible for managing a team of lenders and all of loan production in the five boroughs of New York City.

O’Leary has more than 30 years in the banking and finance industries and has been at NYBDC for ten years. Prior to NYBDC, O’Leary was at HSBC Bank.  O’Leary is active in the Brooklyn and Manhattan Chambers of Commerce.   

Also, O’Leary volunteers for the National Police Defense Foundation for Child Safety and the Popkin Brogna Martial Arts Center in West Hempstead, N.Y.

He obtained a Bachelor of Science in Accounting, with a minor in Finance at St. Francis College in Brooklyn, N.Y.

He and his family live in Franklin Square, N.Y. 

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About the New York Business Development Corporation:

New York Business Development Corporation (NYBDC) works in partnership with banks to provide term loans, many of which do not meet the requirements for traditional financing. In many cases, NYBDC includes multiple participations, SBA guarantees, flexible amortization and long-term payouts. For more information, visit: www.pursuitlending.com

NYBDC’s affiliate, The 504 Company, is licensed by the U.S. Small Business Administration (SBA) to provide the SBA 504 Loan Program — a fixed-asset economic development program designed to promote growth and job creation in small businesses — to eligible New York State businesses.  For more information, visit: www.the504company.com

A third component of NYBDC is Excelsior Growth Fund, an online lender whose capital is used to promote the expansion and growth of new and existing businesses located throughout some of the more economically depressed areas in New York state. For more information, visit: www.excelsiorgrowthfund.org

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